UK caps student loan interest rates at 6% citing global inflation risks - Reuters

UK caps student loan interest rates at 6% citing global inflation risks  Reuters

Plan 2 student loan interest rates capped at 6% in England

The cap on Plan 2 and postgraduate loan interest rates comes amid a risk of rising inflation.

Student loan interest rates on controversial plans to be capped

A 6% limit will apply to all plan 2 loans as well as plan 3 postgraduate loans

UK government caps student loan interest rates at 6%

Minister says change for plan 2 and 3 loans in England and Wales will ‘protect borrowers’ from impact of global conflict UK politics live – latest updates The interest rate on plan 2 and plan 3 student loans will be capped at 6%, the Department for Education has announced. Graduates with plan 2 loans currently pay interest rates based on the retail price index (RPI) measure of inflation, plus up to 3% based on their earnings. Current students on plan 2 and plan 3 loans attract an interest r...

By PA Media

Middle East war prompts UK to cap student loan rates to shield graduates

Britain said on Tuesday it would cap interest rates on millions of student loans at 6 per cent from September 2026, saying conflict ​in the Middle East risked pushing up inflation and sharply increasing borrowing costs ‌for graduates. The student loan system in England and Wales has drawn criticism and Prime Minister Keir Starmer said […]